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<p>[QUOTE="GDJMSP, post: 1204838, member: 112"]When going to a large show it's best to plan to spend the entire day, and often 1 day is not enough.</p><p><br /></p><p><br /></p><p><br /></p><p>People have gotten into the habit of using credit/debit cards in today's world. But you have to realize that going to a coin show is not like going to the mall. Coin shows are set up in huge exhibition rooms that do not have internet access ports coming out of the floor every 10 feet - which is what would take to accomodate the spacing for dealer table spacing. And most host venues do not have wireless networks set up that can handle 800 vendors at a time, nor are most of the dealers set up to utilize wireless even when th host venue does have wireless available.</p><p><br /></p><p>So - when going to coin shows, large or small, finding a dealer that will or can take credit/debit cards will be the exception instead of the rule. So as buyers you need to plan on using <u>cash or checks only</u> when going to a coin show.</p><p><br /></p><p><br /></p><p><br /></p><p>Experienced collectors know that coin shows (or the auctions held at coin shows) are where the vast majority of all coin business occurs. </p><p><br /></p><p><br /></p><p><br /></p><p>Though this is a common complaint, there really is no better way. And there are several very valid reasons that there is no better way. For one thing prices change too often. If you were a dealer can you imagine having to reholder and reprice every coin in your inventory every time the price for that coin changes ? You'd never get anything else done but that if you did. Also there are probably 8 times as many sales between 2 dealers as there are between a dealer and a collector at a coin show. Can you imagine the dealers having to reholder and price every coin they buy at a show - during the show. It's just not feasible.</p><p><br /></p><p>These are only a couple of the reasons as to why coins do not have price tags, but they alone are enough. People, collectors, just don't think about them.</p><p><br /></p><p><br /></p><p><br /></p><p>For one thing the price guides are worthless so there is no need to pay any attention to them. To be an effective collector you have to know the market for the coins you are thinking of buying. You don't walk around with price sheets in a briefcase or stuck in your pockets - you already know the information and have it in your head. And if you don't then you are at a disadvantage. You as a collector need to be as well informed as the dealers are, maybe even morse so because you specialize in just a few series where the dealers have to handle almost everything. Dealers at coin shows will either have folders of the current Grey Sheets or they will have the Grey Sheets on a laptop. But that's it, they don't pay attention to any other price guide.</p><p><br /></p><p>Never once have I ever gone to a coin show with a price guide of any kind. Nor have I ever needed one because I make it point to know the market before I ever get there. </p><p><br /></p><p>Now I understand that not everybody is willing to put forth the effort to be able to do that, but even then you can deal with it by simply asking the dealer to look it up in his Grey Sheet for you. But you do have to know the market well enough to know when a given coin is generic, for Grey Sheet prices only apply to generic coins, and when that given coin is not generic.</p><p><br /></p><p>Only then will you truly be successful.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 1204838, member: 112"]When going to a large show it's best to plan to spend the entire day, and often 1 day is not enough. People have gotten into the habit of using credit/debit cards in today's world. But you have to realize that going to a coin show is not like going to the mall. Coin shows are set up in huge exhibition rooms that do not have internet access ports coming out of the floor every 10 feet - which is what would take to accomodate the spacing for dealer table spacing. And most host venues do not have wireless networks set up that can handle 800 vendors at a time, nor are most of the dealers set up to utilize wireless even when th host venue does have wireless available. So - when going to coin shows, large or small, finding a dealer that will or can take credit/debit cards will be the exception instead of the rule. So as buyers you need to plan on using [U]cash or checks only[/U] when going to a coin show. Experienced collectors know that coin shows (or the auctions held at coin shows) are where the vast majority of all coin business occurs. Though this is a common complaint, there really is no better way. And there are several very valid reasons that there is no better way. For one thing prices change too often. If you were a dealer can you imagine having to reholder and reprice every coin in your inventory every time the price for that coin changes ? You'd never get anything else done but that if you did. Also there are probably 8 times as many sales between 2 dealers as there are between a dealer and a collector at a coin show. Can you imagine the dealers having to reholder and price every coin they buy at a show - during the show. It's just not feasible. These are only a couple of the reasons as to why coins do not have price tags, but they alone are enough. People, collectors, just don't think about them. For one thing the price guides are worthless so there is no need to pay any attention to them. To be an effective collector you have to know the market for the coins you are thinking of buying. You don't walk around with price sheets in a briefcase or stuck in your pockets - you already know the information and have it in your head. And if you don't then you are at a disadvantage. You as a collector need to be as well informed as the dealers are, maybe even morse so because you specialize in just a few series where the dealers have to handle almost everything. Dealers at coin shows will either have folders of the current Grey Sheets or they will have the Grey Sheets on a laptop. But that's it, they don't pay attention to any other price guide. Never once have I ever gone to a coin show with a price guide of any kind. Nor have I ever needed one because I make it point to know the market before I ever get there. Now I understand that not everybody is willing to put forth the effort to be able to do that, but even then you can deal with it by simply asking the dealer to look it up in his Grey Sheet for you. But you do have to know the market well enough to know when a given coin is generic, for Grey Sheet prices only apply to generic coins, and when that given coin is not generic. Only then will you truly be successful.[/QUOTE]
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